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Technicals for REC Limited
By MusingTheNews
2025-04-25 20:51
Overall Technical outlook
Price Summary
RECLTD's shares experienced a significant -4.05% fall, indicating a lousy market performance. On 2025-04-25, REC Limited's stock opened at 440.0, peaked at 443.2, hit a low of 419.15, and closed -4.05% down at 422.2, with 8944132 shares changing hands. The stock reached its highest price of 645.8 and its lowest price of 360.3 during the 52-week period. The price outlook for RECLTD is between 525.0 and 700.0, with an average expectation of 583.75, as estimated by 12 analysts.
Technicals
Support and Resistance: At 422.2, the price is supported at 419.65 and faces resistance at 446.75. This range suggests that the price for RECLTD might stay between these levels, with 419.65 acting as a floor and 446.75 as a ceiling. Support/Resistance for RECLTD
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for REC Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for RECLTD, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for REC Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for REC Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for RECLTD. Stochastic chart for REC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RECLTD, with no strong trend emerging. Tripple SMA chart for REC Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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